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>>> tonight, battleground america. the looming fiscal cliff and the fight to save the economy. in his first interview since the big romney loss, i will ask reince priebus if his party is out of touch with the country. plus his plans to fix the gop. >>> plus president obama's tax push. he wants the rich to pay up but is it fair? >>> and one of the most influential spiritual leaders in the world, america's pastor, rick warren. he was there at barack obama's first inauguration. will he be there again? we're talking politics, same sex marriage and the "two and a half men" star whose christian conversion has him attacking his own show. this is "piers morgan tonight." >>> good evening. our big story tonight, countdown to financial doomsday, the fiscal cliff and the clock is ticking. 35 days left before this massive sweeping tax hike. america's now at the mercy of washington, hoping that both sides can end the fighting and make a deal. anti-tax champion grover norquist last night told me he's keeping republicans to the no tax increase pledge they made decades ago. but should his part
their backs on norquist to save america? tonight i'll ask him himself if he's losing the fight. willie nelson is back on the road. how many girls has he loved before? >> the reason divorces are so expensive is they're worth it. >> the hits keep on coming for willie nelson and i don't mean his songs. >> i probably did, i probably did. >> a very entertaining interview. this is piers morgan tonight. >> good evening. the big story tonight teetering on the edge of the fiscal cliff about 36 days to go until tax increases kick in. the white house and congress are playing a high stakes game of let's make a deal. president obama spoke with john boehner this weekend and expressed confidence the deal can't be reached before the deadline. that's what most americans want. in the the latest poll. >> when you're $16 trillion in debt, the only pledge we should make to each other is to avoid. >> you signed it 20 years ago, 18 years ago is for that congress. the world has changed. >> joining me now is the man in the middle of this storm, grover norquist. grover, welcome to you. >> good to be with you. >> you c
of a sustained recovery. i'm ali velshi. this is "your money" and i'm going to show you the damage america could do to itself if washington allows us to go over the fiscal cliff. unemployment in the u.s. which has come down to to 20.9%, it could go up another 9%. according to a new research new york post poll, you clearly understand the danger of this fiscal cliff. 50% say it will have a major effect on the economy, 21% say a minor effect, 2% no effect, 10% say they don't know, which is why you're watching this right now. president obama says they're centering around increasing tax on the wealthy which will go a good way in increasing the revenue that he wants to raise in the next decade in an attempt to reduce the federal deficit. he wants to reinstate the bush tax cut which goes to the top 2% of earners. that would jump from 36% to 39%. he likes to say that's where it was during the clinton years. the second one would go from 36% to 39%. he's been focusing on this specific number since his reelection which suggests he may compromise on the actual rates in order to get a deal. there are other t
damage that america could do itself if washington allows us to go over the fiscal cliff. according to studies, the average household could pay $3500 more in taxes. unemployment in the u.s. which has come down to 7.9% could head back up above 9% by this time next year. the u.s. could join europe which has been hit by a double dip recession. and according to a pugh research/"washington post" poll, you clearly understand the danger of this fiscal cliff. 68% say it will have a major effect on the economy. 21% say just a minor infect. only 2% say no effect. 10% say they don't know which is why you're watching this right now. president obama's solution to all this is to make a deal centered around increasing taxes on the wealthy which will go a good part of the way to raising the $1.6 trillion in new revenue that he wants to raise over the next decade in his attempt to reduce the federal deficit. he wants to let the bush era tax cuts expire. if that happens, the top tax rate on income would jump from 36% to 39%. he likes to say that's where it was during the clinton years. the second top
with themselves over here, the administration and the rest of america is kind of in another place and i think the administration rightly so and remember this was an issue when the president was first elected, there were questions about whether or not he would use the power of that database of people. i think it is a great thing and i hope he does it because i think it is important people you said outside of washington know the kinds of gains going on on capitol hill and the things this people voted for not being acted upon by republicans. >> as i was talking with congressman van holen, again, there is a growing number of gop folk that is seem to be backing away from grover norquist's tax pledge. given that the very idea of raising taxes could be damaging to any republican who might be facing a primary in the next year, is there really enough support for shunning norquist at this point? >> you remember, even when george bush was president, democrats said they wouldn't cut taxes at all. bush ended up winning that pr battle and the conversation wasn't about whether they would cut taxes and how m
which is what we're doing. i don't think, i'm not confident that america will get to grips with it, how about you? >> i'm confident that measured america will come to grips with it. as we know, friedman said over and over again, government spending is taxation, governments don't create resources, they redistribute. and when government spending is high you've got a high tax bill and you wonder why the economy's growing so slowly and little chance that we'll get a major reform in spending over the next two years, and i think after the 2014 elections, stuart, happy to be an american and think you'll see a major shift politically and prosperity is going to be there. it just wasn't our time this time, but it will be in the future. >> i'm always happy to be in america, i ain't leaving, just-- >> i question, we need you here badly. we need you badly. you're just coming of age as you said a little bit earlier at 72, i feel i'm just a spring chicken. what can i tell you? >> wait a minute, you're 72, no. >> yes, i am. stuart: talk my astonishment as a huge compliment, art laffer, incredible. you
, in the asian community, or even less in america, on their way to the same style of life we have, the same energy, the same co2 emission. the end of our planet is possible. but there is an enormous chance for us. what they need our products with lower energy consumption. what they need our energy efficient products. who could better develop this than the united states and the europeans, in cooperation together. to combine innovation on climate change with industry and production. that is possible, but only if we are live. therefore i am in favor of a trade agreement. asked what other obstacles there are. a lot of europeans doubting, but i saw better ground here in the united states, in ohio, and i saw for the first time in a swing state, the co2 question played a major role in the election concerning the coal mining question. to avoid any other misunderstanding, i know what it means to close a coal mine for 35,000 inhabitants, most of them employed in the coal mine. when you close down the coal mine, it was an economic disaster. but today, the coal mine is closed down and you have an econo
. i just wonder, with america and the world, business leaders here, business leaders around the world, the markets, everybody else looking so closely at this, was it necessary for the president to be so provocative with something that, you know, even "the new york times" said was, quote, loaded with democratic priorities, and really gave republicans nothing. >> again, it's a curious offer. i would imagine there has -- tim geithner's too smart of a guy, and this administration is filled with smart people. they must have a serious strategic plan. but if you were a pedestrian watching this, if the ceo of a company that's not been into the white house, a medium-size to small company, it has to be a source for alarm this morning that maybe they're not nearly as close to a deal as we thought. let alone if you're a ceo if you've been in the office with the president and you've laid out some of your priorities and concerns. >> so but it is step one, though, in a negotiation. >> it is step one. >> okay. so it's like bidding on a house. you always go farther from where you're going to be. >> bu
to newt gingrich and the contract for america and we have been living in this gingrich contract for america, grover norquist tea party state of the republican party since then and so far, they have only been engaging in what grover called impure thoughts, which i love that's how he thinks of it, but just the very fact they would openly question the pledge is to remarkable because essentially lowers tax rates is the only thing republicans have stood for in recent elections. >> cane was using this very cute trick that republicans first starting using. they started floating this thing about oh, that pledge was made for another congress. i didn't seen it again thr the election that i yus won a year ago or two weeks ago, whatever the case may be and so peter king didn't invent that. >> that's something that grover was rebuffed. you can opt out. >> once you're in, that's it. >> yes. >> but look, the big good news for progressives here, there are two fundamental values that have driven the economic conversation for republicans in this era. one is deficit is the biggest problem. here we
changers across america. jim, we love you! come over here! >> bill karins -- oh, no, speaking of -- >> what? >> we call him c.g. for -- >> no, we don't. >> c.g., what do we got? >> now i've got to think of something creative for what c.g. stands for. snow is falling in a few areas this morning, we're looking at new jersey, looks like the suburbs outside philadelphia and new york could see snow. getting ready to treat a lot of those roads. a lot of that eco friendly rock salt. let's show you what's happening on the radar, the pink is where it's a little bit of a mix and the green is the rain. we've set up the boundary line somewhere north of philadelphia and just north of new york city. below that, it's kind of a mix or rainy around philadelphia. little later today, once the colder air moves in, we will see philadelphia changing over to snow. it's not a huge storm, this isn't a big ocean storm, not a nor'easter, a quick event during the daylight hours today. and the temperatures are pretty warm right now. new york city still above 40 degrees, philadelphia near 40, big cities and the airports
in 2011. it creates the largest private label food company in north america. this is a big deal. >> yes, it is. it's big in size in terms of what we've seen in this market. look how excited he is. and they finally got it done. it's been one as you pointed out that was around in 2011. they couldn't get it done. that is conagra. they walked away. ralcorp stock price fell dramatically. they split the post cereal division from ralcorp. the two trade separately. so you did have a company here that perhaps became a little more -- i wouldn't say vulnerable. not as if they were committed to selling. the board composition changed. you have had activist shareholder get on there. that was very quick. october 2nd. they filed a deed not long before that. this board from what i hear and the management said, all right, let's try and get something done with conagra. the last month they've been able to do that. the price perhaps came down a bit. the ask came down a bit to get a deal done at the $90 a share level. >> i think it's important to point out that conagra is up in premarket trading. >> guidance
and talks about raising taxes on the rich. there is a cob stitch whensy in america says it's the right thing to do. boehner says if we had more re-knew we'll get in a different way. we think raising rates hurts the economy and we'll reduce the deductions to get the same place. but with president obama's road show he doesn't answer the question he brought up in 2010. what are you going to do about entitlements and how would you make it better? i don't think raising retirement age will solve the problem. >> brian: my head will explode. we keep saying we have to balance the budget. the math doesn't add up. number two, go in and roll up the shres and get it done behind closed doors. if the media is frustrated, let them be frustrated. he has to go in and make a deal and give the framework out. he did not -- >> bob: the difference this time around he won. >> brian: i want him to go with speaker boehner. here are my cards and what are yours? >> eric: they did that. they did that at the debt ceiling. here is the deal. you come up with $600 billion. we'll have $600 billion. then president obama wante
. >> america in the 1930's and 1940's -- the library of congress curator shares some of the 1600 color photographs taken during the depression and world war ii. .nday at 7:00 p.m. on 3. -- c-span 3. >> now, john boehner and house republican leaders talk about fiscal cliff negotiations. he says he is optimistic a deal can be reached with the president. >> morning, everyone. going over the fiscal cliff will hurt our economy and will her job creation in our country. republicans are committed to continuing to work with the president to come to an agreement to avert the so-called fiscal clef. one reason why we believe that we put revenue on the table as long as it is accompanied by serious spending cuts to avert a crisis. we believe this is the president's request for a balanced approach to this issue, and we are going to continue to work with the president to try to resolve this in a way that is fair for the american people. we all now that we have had the spending crisis coming at us like a freight train. it has to be dealt with. in order to try to come to an agreement, republicans are wi
. remember the confetti falling from the skies all over america when it passed? and republicans saying freedom has died tonight. >> it's still roughly two years away from being fully implemented in 2014. i mean, cushing the costs is the critical component of health care. you talk about curbing the cost of health care, you talk about taxation, the corporate tax rate, capital gains tax rate. you know what all of it is? all of it is about can they govern? can they govern? can we be governed? can the people in washington, d.c., in the house and the senate and the president, can they govern? >> they have to. >> well, they have to. they absolutely have to. >> just to make a point for those who thought that the health care reform law was historic, many people -- i actually assume that most of the five people at this table think that it's a shocking thing that america is the most powerful country on earth before the health care law was passed, had a massive number of many, many millions of uninsured people in the country when every other industrialized country has universal coverage. >> right.
there across america who are saying, you know what we really need, we really need people to fight hard night and day to sidetrack secretary of state potential candidate because of some things she said on -- maybe there's people out there. i don't know where they are because i've never met them but do want to know this. like what's their long game, willie? what are they doing? this doesn't help the republican party. it's like mitt romney's dumb press conference the day after libya exploded and the ambassador died. there is a time and place -- there are so many ways to go after susan rice. >> and there are real questions on whether she even has the temperament to be secretary of state. that's a big question in washington, d.c. let me say it again. does susan rice have the temperament to be secretary of state? there are a lot of people, democrats who will tell you privately that just maybe she doesn't. but we're not talking about this. this is a clown show that's going on right now. what is -- >> i love that debate. >> well, the long game is unclear and the short game is even more unclear becau
of america gave the government to the status quo. we are back to where we started in september. the president has a huge do over, and it is his obligation to leave history this. republicans have said we are willing to talk about revenue, but democrats have to be serious on spending. so this idea that anyone has the upper hand is exactly why a deal is not been done. the deal as on the teeseven deal is only as good as it is for both parties. the agreement is honored in the breach. the fact of the matter is the president wants to jump off the cliff. he is not taking republicans with him because the republican party is going to stay true to their principles, but we are able to compromise if there is good faith on the other side. gerri: well, an interesting comment today from the spokesman saying obama should target congressional democrats who want to raise taxes on small business. here's what he had to say. democrats control -- continue to rule out spending cuts. the target of the president's rally should be the congressional democrats who want to raise taxes on small business rather than cut spe
their best tourism seasons in years. and bp's also committed to america. we support nearly 250,000 jobs and invest more here than anywhere else. we're working to fuel america for generations to come. our commitment has never been stronger. look this isn't my first christmas. these deals all seem great at the time... but later, not so much. this isn't that kind of deal. [ male announcer ] break from the holiday stress. save on ground shipping at fedex office. nespresso. where i never have to compromise on anything. ♪ where just one touch creates the perfect coffee. where every cappuccino and latte is only made with fresh milk. and where the staff is exceptionally friendly. ♪ nespresso. what else? or that printing in color had to cost a fortune. nobody said an all-in-one had to be bulky. or that you had to print from your desk. at least, nobody said it to us. introducing the business smart inkjet all-in-one series from brother. easy to use. it's the ultimate combination of speed, small size, and low-cost printing. you can stay in and share something... or you can get out there and act
what was good for g.m. was good for america. now when g.m. produces more cars in china than here, it is not so clear the interests are unified. is that the point here? what lloyd blankfein is saying, the tax changes they want may be good for the businesses but may not be good for us as a political entity. >> i don't think they're good for the businesses. i think this is very short-term thinking. i don't think they're thinking about the long horizon. what they're talking about is the result of the financialization of companies and ceos obsessed with short-term profits manipulating the stock prices so they get short-term compensation. in some cases that's not even good for the company ten years down the road. they've forgotten taxpayers and employees are their constituents just as much as shareholders. >> i think what they're really saying here is we've got to solve this federal deficit issue. we can't have this quote-unquote fiscal cliff-hanging out there. they're saying that unemployment will rise a percentage point
of the month take a look at incomeathome.com. you've heard me talk about them before. they're america's leading business. doing business in over 80 countries today. they're offering you an opportunity you can take advantage of. no matter your age education or experience. you can literally earn money on your home computer from your own kitchen table 24/7. so if you're sick of living paycheck to paycheck and worried about job security or retirement, if your goal has been to earn some extra money from home, part-time or full time, here's your chance. incomeathome.com. they're even giving away $1,000 to somebody just for checking them out. that somebody could be you. visit incomeathome.com. that's incomeathome.com. igor, we're following the twitter comments as well. peter, what have we got? >> at bp show on twitter barkway writes into us, we were talking about the mortgage interest deduction. he points out the mortgage interest deduction rarely applies to the rich anyway. it is -- whether it is their first or fifth ho
it a go. microsoft, at&t, verizon and bank of america are dropping 1% each. let's take a look at a name that is a clear winner. that is facebook. getting an upgrade today. even though it is down about 25% over the last 26 weeks, the last three months have been a nice run. back to you. connell: thank you. dagen: time to make some money with charles payne. connell: charles, we are waiting to make a little bit of money. charles is heated up about all the issues today. charles: i like this company verifone. you have seen it. nevertheless, this was a hot stock for a long time. recently, it has been derailed. they fell asleep at the wheel. this is one of the lumbering giant that did get caught a little flat footed. dagen: or like we like to say, with its pants down. connell: or like you like to say. charles: [ laughter ] i think they will rebound. they have a base of 23 million users. this tree will say, okay, you know what, they will become a real competitor and realplayer. connell: he agrees 100% with warren buffett. charles: he is moving in the right direction. at least the move from $250,
of america's for tax reform, grover norquist. they do not appear to like your pledge. >>guest: well, some of the people who are being dragged out are retreads. there is nothing new about some of the senators who is said they would be open to tax hikes. remember the gang of six, three of the people that you mentioned, spent eight months sitting in a room with democrats pretending to negotiate we tax increases in return for entitlement reform and after a while even coburn had to walk out of the room and admit that they were being offered nothing but tax increases. the president's budget is nothing but tax increases. the president's negotiatorring position is nothing but tax increases and harry reid would some of the senators may want to focus their attention on has announced there is no entitlement reform, so to argue that the taxpayers should take the brunt of this battle and they should not defend taxpayers but the spending interests in washington, strikes me as odd. the effort by some to get entitlement reform, the democrats have said heck no and harry reid has said it ain't happening, a
is not going to solve the problem that america faces. we have to turn to the spending side of the ledger. and furthermore, his tax proposal will kill about 700,000 jobs and do harm to the economy, again the wrong direction. host: and that was the new g.o.p. conference secretary voicing her thoughts on the fiscal cliff negotiations yesterday. and we want you to address the issue of what the g.o.p. is raising, which is address the spending problem. 202 is the area code for our numbers. that's our question this morning in this first segment of the "washington journal." you can also contact us via social media and email. you can make a comment on our facebook page, and finally send us a tweet. here is the hill newspaper from this morning. g.o.p. forget tax rates in talks on the deficit, let's look at the spending. the speaker's swift rejection of an idea floated by representative tom cole of oklahoma, a respected party strategist and former chair of the house g.o.p. campaign committee came as the republicans voiced increasing concerns over the debate of the so-called fiscal cliff. boehner sa
ceiling and allow the united states of america to default on its -- what it owes, which could have driven this entire world into a major financial crisis. and they said, hey, we are not going to raise tax rates for the rich, and if it means an international financial crisis, so be it. i think that's being a bully. i think that is hostage taking. i think back in 2010, and by the way, thomas, in midst of this whole discussion, we have got to remember, that between 2010 and 2011 we have already as a congress, against my votes, cut over $1 trillion in programs that help low-income people, working people, middle class people, the wealthiest up until now have not paid a nickel more in taxes. so i would answer your question by saying the republicans have been very clear in saying that their job is to represent the largest corporations and the wealthiest people and up until this point they have succeeded. >> well, when we talk about the fact that so many republicans recently have voiced the fact that they will break grover norquist's anti-taxing pledge. certain leaders and colleagues of yours rig
believe in the greatness of america, i believe that this president can lead. i believe that his secretary of state, whoever that might be, can also lead. >> john mccain's humor, we understand, but he was certainly treating this as though it is very much in play. of course, as we point out, the president has not nominated her, but we understand all of our reporting and colleague's reporting he would like to nominate her to be secretary of state. can she try to -- can they try to ram this through? >> well, you know, the president has a right to nominate the person he thinks is best for all these positions and andrea, as you know, there may be vacancies in four or five key positions in his administration. so he has to make the best judgment for that. i would just hope that all members of congress would give any nominee, obviously, due consideration. and today ambassador rice is being asked lots of questions and she -- i thought she made the right decision. she took the initiative, the administration did, to have her go up to capitol hill. that's the right position. and as long as the adminis
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is playing muse six in honor of this bank, which is being called america's most exciting bank. >> that's what they call themselves. and maybe that's why they have this music, because it's actually quite loud. >> let's see if they start dancing the executives. >> the race is on to see which bank is the most exciting in this country. >> a new trend here. >> in the meantime, here's the opening bell for a thursday morning. again brook shire -- nasdaq to the nyc and over at the daz damage, fran drescher, star of the sitcom, a great comedian. still responding to the news in the world of social media, whether it's living social and some reported layoffs or what andrew mason said about his tenure at groupon. >> to fire himself, he's not ready to fire himself. >> that was the first step i thought on the right path. i mean he just needs to go one step further, a la mark zuckerberg and go on a conference call and be humble. >> apple today up 8, i still think david boeing is the most influential tech writer of all time. and the apple miniis going to end up being a huge success. >> i felt -- it's interest
Search Results 0 to 35 of about 36 (some duplicates have been removed)